Janet Yellen warns higher outlook for rates will make it harder to keep deficits and debt expenses under control

2 comments

1. Maybe you should have thought about that before you decided to tell us we can “afford” two wars? What an idiot, disgrace for our country.

2. I think Trump has the answer, fire up the Fed’s printing press, and have the Fed “monetize” the deficits. Problem solved – no need to balance expense with revenues, just have the Fed print up the money to take care of the deficits.

   I’m not convinced that this wouldn’t be the path that the Biden administration would also take, given its out-of-control deficits.